Tax Spousal Support

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Topic No. 452 Alimony and Separate Maintenance Internal ...

    https://www.irs.gov/taxtopics/tc452
    Jan 03, 2020 · Tax Treatment of Alimony and Separate Maintenance. Amounts paid to a spouse or a former spouse under a divorce or separation instrument (including a divorce decree, a separate maintenance decree, or a written separation agreement) may be alimony or separate maintenance payments for federal tax purposes.

The Fundamentals of Spousal Support Taxation

    https://www.investopedia.com/articles/tax/10/spousal-support-taxation.asp
    Alimony and child support are the two types of financial assistance that are awarded to ex-spouses, depending on the circumstances. In the past, alimony was tax deductible for the payor and ...

Spousal Support - Tax Implications LegalMatch

    https://www.legalmatch.com/law-library/article/spousal-support---tax-implications.html
    The most important tax implication of spousal support concerns which spouse claims a deduction. Persons who pay spousal support to an ex-spouse can deduct the amount of the payment from their taxable income. However, persons who receive spousal support must report it as taxable income. This tax implication only applies to couples who have an ...Author: Ken Lamance

Is Alimony Taxable?

    https://family-law.freeadvice.com/family-law/spousal_support/support_payments_tax.htm
    Alimony or spousal support payments are tax deductible by the payer and taxable income to the supported spouse on separation or divorce agreements signed before 2019.

Tax deduction for alimony ends in 2019: Here's what it means

    https://www.freep.com/story/money/personal-finance/susan-tompor/2018/12/19/divorce-alimony-income-tax-deduction/2310068002/
    Dec 19, 2018 · Trump tax rule change has some rushing to divorce before 2019. Divorcing in 2019 and after makes paying alimony far more costly because a key tax break will end.

Can You Claim an Alimony Deduction on Your 2019 Taxes ...

    https://www.lateet.com/can-you-claim-an-alimony-deduction-on-your-2019-taxes/
    Before the tax reform, the payer deducted the alimony payment when filing taxes. On the other hand, the IRS taxed the recipient on the amount as income. However, if the payer doesn’t deduct the payment, the recipient won’t be taxed. For pre-2019 alimony payments to be deductible, payers must meet certain time-honored requirements.

CLARIFICATION: Changes to deduction for certain alimony ...

    https://www.irs.gov/forms-pubs/clarification-changes-to-deduction-for-certain-alimony-payments-effective-in-2019
    CLARIFICATION: Changes to deduction for certain alimony payments effective in 2019 This article clarifies information provided on page 10 of IRS Publication 5307, Tax Reform Basics for Individuals and Families for the repeal of deduction for alimony payments under the Tax Cuts & Jobs Act of 2017.



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